Farmers will Get Rs. 60,000 to Buy Cow & Buffalo through Pashu Loan Scheme; Check Method to Apply

Pashu Loan Scheme: As you know, government has been initiating different schemes for the welfare of farmers. In such a situation, the state governments are also focusing a lot on the improvement of animal husbandry across rural India.

The state government of Haryana has recently launched schemes for people who are having cow and buffalo. If you have a cow , you will get about 40 thousand rupees under Pashu Kisan Credit Card Scheme. On the other hand, if you keep a buffalo, you will get about 60 thousand rupees.

Pashu Kisan Credit Card Yojana

Government constantly brings big schemes for farmers and general public! So that people's income can improve! However, the government is running several schemes to double the income of farmers! Recently, the Prime Minister of the country, Honorable Narendra Modi made the biggest debut for farmers in the form of Pradhan Mantri Kisan Samman Nidhi Yojana (Pradhan Mantri Kisan Samman Nidhi Yojana)! In this scheme (PM Kisan Yojana), farmers are given Rs 6000 annually. In such a situation, the Government of Haryana has now come up with a scheme to promote Pashu Palan Business! Whose name is Pashu Kisan Credit Card Scheme? Through this scheme (Pashu Loan Yojana) you can take loans for your animals! This loan is being given to you at very cheap rates.

Eligibility for Pashu Kisan credit card

The government has also placed some eligibility. If you fulfill them, you too can get benefits. To avail the benefits you must be a resident of Haryana state .

Only farmers who have Fish, Poultry, Goat, Cow Buffalo etc. are included in this scheme (Pashu Kisan Credit Card)

You must also have related documents. So now let us know how much loan is being given!

How much loan will be available in Pashu Kisan Credit Card?

And if you have a cow, then the government gives you a loan of about 40783 rupees. On the other hand, if you have buffalo, you can get a loan of around Rs 60249.

To repay this loan, you have to pay the installments every month. This installment will be taken equal every month. For example, if you have a loan of Rs. 40 thousand  and you repay in a year. So you have to pay an installment of about Rs 3333 every month.

How much will be the interest?

If you are willing to take a loan, then you should know about its interest. If you complete this loan within one year, you only have to pay 4% interest. By the way, you would know that KCC charges 7 percent. But you will have to repay all the installments of the loan from time to time than only you will get a discount.

Pashu insurance scheme

If you also have cow and buffalo, you can insure your animals too. State governments are also running the Livestock Insurance Scheme for Animals. Through this scheme, you can also insure your cow and buffalo. A farmer can insure a maximum of 5 animals. Many farmers raise animals and run their household expenses with their milk. In such a situation, when the animals become ill or die for some reason, government will compensate the farmers.